Kemper Corporation (NYSE:KMPR – Get Free Report) has earned an average recommendation of “Reduce” from the nine ratings firms that are currently covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $51.75.
A number of research firms have weighed in on KMPR. UBS Group decreased their price objective on Kemper from $48.00 to $44.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Weiss Ratings reissued a “sell (d+)” rating on shares of Kemper in a report on Friday, June 12th. Zacks Research cut Kemper from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 13th. Finally, Piper Sandler decreased their price target on Kemper from $35.00 to $28.00 and set an “underweight” rating for the company in a report on Thursday, May 7th.
Check Out Our Latest Stock Report on Kemper
Institutional Trading of Kemper
Kemper Price Performance
Shares of NYSE:KMPR opened at $30.74 on Thursday. The company has a 50-day simple moving average of $27.06 and a 200-day simple moving average of $30.90. Kemper has a one year low of $22.69 and a one year high of $62.46. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.18. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 49.58 and a beta of 1.04.
Kemper (NYSE:KMPR – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The insurance provider reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.60). The company had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.17 billion. Kemper had a return on equity of 4.80% and a net margin of 0.89%.The business’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.65 EPS. On average, analysts predict that Kemper will post 1.94 EPS for the current year.
Kemper Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Monday, May 18th were given a dividend of $0.32 per share. The ex-dividend date was Monday, May 18th. This represents a $1.28 dividend on an annualized basis and a yield of 4.2%. Kemper’s dividend payout ratio is presently 206.45%.
Kemper Company Profile
Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.
The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.
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